The European listed company The Blockchain Group has been approved for a financing plan of 11 billion euros to expand its Bitcoin reserves.

robot
Abstract generation in progress

[Golden Finance] Golden Finance reported that the European listed company The Blockchain Group received shareholder approval on June 10 to launch a financing plan of up to 11 billion euros to accelerate its Bitcoin accumulation strategy. The proposal passed with over 95% support, authorizing the company to expand its Bitcoin reserves through flexible financing tools such as the issuance of stocks and bonds. New Vice CEO Alexandre Laizet will lead this Bitcoin strategy, with a board term until 2030. The company's CEO stated that this initiative will drive deeper synergy between the Bitcoin reserve strategy and its core businesses, including data intelligence and AI consulting. It is reported that The Blockchain Group currently holds 1,471 Bitcoins (approximately 160 million USD) and announced earlier this month the establishment of a 300 million euro ATM (at market price issuance) financing mechanism with asset management company TOBAM.

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • 2
  • Share
Comment
0/400
Layer2Arbitrageurvip
· 13h ago
Smart yield farming move tbh
Reply0
OnChainDetectivevip
· 13h ago
I still have a good outlook on Bitcoin.
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)